JAMB Economics 2022 Objective — Question 15
Question 15 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2022 Objective paper, with the correct answer and a full explanation.
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15. The major role of a middleman is
- A. (A) distribution of commodities to all consumers regardless of incomeCorrect
- B. (B) distribution of commodities to consuming centres
- C. (C) ensuring economic welfare to all
- D. (D) ensuring wealth to all
Explanation
Through its warehousing function, a middleman ensures that goods are distributed to all sections of the economy/all consumers, regardless of their income level.
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